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The document presents a financial overview of sales revenue, cost of goods sold, gross profit, operating expenses, and net income for the years 2018, 2019, and 2020. Sales revenue increased from ₱965,000 in 2018 to ₱1,250,250 in 2019, with a gross profit of ₱567,250 in 2020. Operating expenses varied across the years, leading to a net income before taxes of -₱1,600 in 2018 and ₱257,270 in 2020.
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0% found this document useful (0 votes)
0 views2 pages

Samples FS

The document presents a financial overview of sales revenue, cost of goods sold, gross profit, operating expenses, and net income for the years 2018, 2019, and 2020. Sales revenue increased from ₱965,000 in 2018 to ₱1,250,250 in 2019, with a gross profit of ₱567,250 in 2020. Operating expenses varied across the years, leading to a net income before taxes of -₱1,600 in 2018 and ₱257,270 in 2020.
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

2018 2019

Sales Revenue ₱ 965,000.00 ₱ 1,152,500.00


Less: Cost of Goods Sold 525,000.00 585,250.00
Gross Profit ₱ 440,000.00

Operating Expenses
Salaries & Wages ₱ 98,270.00 ₱ 112,740.00
Advertising 65,000.00 55,000.00
Transportation 12,500.00 11,500.00
Office Supplies 20,500.00 22,100.00
Depreciation 8,950.00 14,630.00
Insurance 12,900.00 12,900.00
Interest 9,000.00 9,000.00
Rent 32,000.00 32,000.00
Repairs & Maintenance 16,980.00 25,000.00
Training & Development 145,000.00 155,000.00
Utilities 20,500.00 22,500.00
Total Operating Expenses 441,600.00

Net Income Before Taxes -₱ 1,600.00


2019 2020
₱ 1,250,250.00
610,000.00
₱ 567,250.00 ₱ 640,250.00

₱ 112,740.00
36,000.00
13,000.00
17,250.00
14,630.00
12,900.00
9,000.00
32,000.00
34,860.00
87,200.00
13,400.00
472,370.00 382,980.00

₱ 94,880.00 ₱ 257,270.00

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